Company Valuation: Beijing Roborock Technology Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 54,314 23,211 37,108 40,505 39,396 30,082 - -
Change - -57.26% 59.87% 9.15% -2.74% -23.64% - -
Enterprise Value (EV) 1 53,000 21,423 36,241 39,084 38,022 23,548 21,793 18,603
Change - -59.58% 69.17% 7.85% -2.72% -38.07% -7.45% -14.64%
P/E 38.9x 19.6x 18.2x 20.5x 28.8x 15x 11.4x 10x
PBR 6.4x 2.43x 3.27x 3.15x 2.81x 1.91x 1.66x 1.46x
PEG - -1.3x 0.2x -5.45x -0.9x 0.3x 0.4x 0.7x
Capitalization / Revenue 9.3x 3.5x 4.29x 3.39x 2.11x 1.29x 1.09x 0.94x
EV / Revenue 9.08x 3.23x 4.19x 3.27x 2.03x 1.01x 0.79x 0.58x
EV / EBITDA 32.4x 14.9x 14.9x 17.4x 22x 10.4x 7.79x 5.45x
EV / EBIT 33.2x 15.9x 15.6x 18.7x 26.3x 11.4x 8.26x 6.08x
EV / FCF 49.1x 24.7x 18.7x 27.1x 129x -13.8x 7.67x -17x
FCF Yield 2.04% 4.04% 5.35% 3.69% 0.77% -7.26% 13% -5.88%
Dividend per Share 2 0.5466 0.4628 2.388 0.7643 0.5267 0.78 1.154 1.276
Rate of return 0.26% 0.51% 1.65% 0.49% 0.35% 0.66% 0.98% 1.09%
EPS 2 5.443 4.599 7.949 7.65 5.28 7.852 10.26 11.73
Distribution rate 10% 10.1% 30% 9.99% 9.98% 9.93% 11.2% 10.9%
Net sales 1 5,837 6,629 8,654 11,945 18,695 23,258 27,498 32,096
EBITDA 1 1,636 1,441 2,433 2,252 1,728 2,257 2,799 3,411
EBIT 1 1,598 1,344 2,317 2,090 1,447 2,074 2,638 3,058
Net income 1 1,402 1,183 2,051 1,977 1,363 2,045 2,627 3,034
Net Debt 1 -1,314 -1,788 -867.4 -1,421 -1,374 -6,534 -8,289 -11,479
Reference price 2 211.63 90.29 144.36 156.64 152.06 117.50 117.50 117.50
Nbr of stocks (in thousands) 256,643 257,078 257,050 258,593 259,082 256,018 - -
Announcement Date 2/24/22 2/27/23 2/27/24 2/28/25 2/28/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.1x1.02x10.56x0.66% 4.53B
7.6x1.13x5.3x7.54% 31.69B
11.79x0.27x4.67x4.67% 4.87B
10.05x1.65x6.51x3.42% 5.08B
13.53x1.02x8.05x2.1% 4.34B
16.38x - - 4.87% 2.64B
13.82x1.54x11.01x6.01% 2.31B
15.11x0.47x7.78x2.96% 2.13B
22.32x - - 1.91% 2.04B
24.35x1.45x14.03x1.6% 1.51B
Average 15.01x 1.07x 8.49x 3.57% 6.11B
Weighted average by Cap. 10.90x 1.09x 6.55x 5.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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-40%: Exceptional extension
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